Plug Power Inc., an alternative energy technology provider, engages in the design, development, commercialization, and manufacture of hydrogen and fuel cell systems for the material handling and stationary power markets primarily in North America and Europe. It focuses on proton exchange membrane (PEM) fuel cell and fuel processing technologies, fuel cell/battery hybrid technologies, and related hydrogen storage and dispensing infrastructure. The company offers GenDrive, a hydrogen fueled PEM fuel cell system that provides power to material handling electric vehicles; GenFuel, a hydrogen fueling delivery, generation, storage, and dispensing systems; GenCare, which is an ongoing maintenance program for GenDrive fuel cells, GenSure products, GenFuel products, and ProGen engines; and GenSure, a stationary fuel cell solution that provides scalable modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors. It also provides GenKey, a turn-key solution for transitioning to fuel cell power; ProGen, a fuel cell stack and engine technology that is used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; and GenFund, which offers financing solutions to customers. The company offers its products to distribution and manufacturing businesses, and government agencies through direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was founded in 1997 and is headquartered in Latham, New York.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Electrical industrial apparatus
Sub-IndustryN/A
SectorIndustrial Products
SymbolNASDAQ:PLUG
CUSIPN/A
Phone518-782-7700
Debt
Debt-to-Equity Ratio4.16
Current Ratio1.07
Quick Ratio0.69
Price-To-Earnings
Trailing P/E Ratio-3.16
Forward P/E Ratio-5.41
P/E GrowthN/A
Sales & Book Value
Annual Sales$103.26 million
Price / Sales3.94
Cash FlowN/A
Price / CashN/A
Book Value$0.32 per share
Price / Book5.92
Profitability
EPS (Most Recent Fiscal Year)($0.60)
Net Income$-127,080,000.00
Net Margins-66.16%
Return on Equity-108.78%
Return on Assets-22.90%
Miscellaneous
Employees644
Outstanding Shares214,790,000
Market Cap$416.70 million
Plug Power (NASDAQ:PLUG) Frequently Asked Questions
What is Plug Power's stock symbol?
Plug Power trades on the NASDAQ under the ticker symbol "PLUG."
How were Plug Power's earnings last quarter?
Plug Power Inc (NASDAQ:PLUG) released its earnings results on Thursday, August, 9th. The electronics maker reported ($0.12) earnings per share for the quarter, missing analysts' consensus estimates of ($0.09) by $0.03. The electronics maker earned $39.93 million during the quarter, compared to analysts' expectations of $40.52 million. Plug Power had a negative return on equity of 108.78% and a negative net margin of 66.16%. The business's revenue for the quarter was up 76.7% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.10) EPS. View Plug Power's Earnings History.
When is Plug Power's next earnings date?
What guidance has Plug Power issued on next quarter's earnings?
Plug Power updated its FY 2018 earnings guidance on Tuesday, October, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $175-190 million, compared to the consensus revenue estimate of $169.5 million.
What price target have analysts set for PLUG?
7 equities research analysts have issued 12-month target prices for Plug Power's stock. Their forecasts range from $2.50 to $5.00. On average, they expect Plug Power's stock price to reach $3.50 in the next year. This suggests a possible upside of 84.7% from the stock's current price. View Analyst Price Targets for Plug Power.
What is the consensus analysts' recommendation for Plug Power?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plug Power in the last year. There are currently 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Plug Power.
Are investors shorting Plug Power?
Plug Power saw a decrease in short interest in September. As of September 28th, there was short interest totalling 33,729,255 shares, a decrease of 6.2% from the September 14th total of 35,976,679 shares. Based on an average daily volume of 2,550,873 shares, the days-to-cover ratio is presently 13.2 days. Approximately 15.9% of the shares of the stock are short sold. View Plug Power's Current Options Chain.
Who are some of Plug Power's key competitors?
Who are Plug Power's key executives?
Plug Power's management team includes the folowing people:
- Mr. George C. McNamee, Co-Founder & Chairman (Age 71)
- Mr. Andrew J. Marsh, Pres, CEO & Director (Age 62)
- Mr. Paul B. Middleton, Sr. VP & CFO (Age 51)
- Mr. Keith C. Schmid, Sr. VP & COO (Age 55)
- Mr. Gerard L. Conway Jr., Sr. VP, Gen. Counsel & Corp. Sec. (Age 53)
Who are Plug Power's major shareholders?
Plug Power's stock is owned by many different of institutional and retail investors. Top institutional shareholders include State of New Jersey Common Pension Fund D (2.14%) and NJ State Employees Deferred Compensation Plan (0.13%). Company insiders that own Plug Power stock include George C Mcnamee, Gerard L Conway Jr, Gregory B Graves and Liquide Investissements D' Air. View Institutional Ownership Trends for Plug Power.
Which major investors are selling Plug Power stock?
PLUG stock was sold by a variety of institutional investors in the last quarter, including NJ State Employees Deferred Compensation Plan. Company insiders that have sold Plug Power company stock in the last year include Gerard L Conway Jr and Gregory B Graves. View Insider Buying and Selling for Plug Power.
Which major investors are buying Plug Power stock?
How do I buy shares of Plug Power?
Shares of PLUG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Plug Power's stock price today?
One share of PLUG stock can currently be purchased for approximately $1.8950.
How big of a company is Plug Power?
Plug Power has a market capitalization of $416.70 million and generates $103.26 million in revenue each year. The electronics maker earns $-127,080,000.00 in net income (profit) each year or ($0.60) on an earnings per share basis. Plug Power employs 644 workers across the globe.
What is Plug Power's official website?
How can I contact Plug Power?
Plug Power's mailing address is 968 ALBANY-SHAKER ROAD, LATHAM NY, 12110. The electronics maker can be reached via phone at 518-782-7700 or via email at [email protected]
MarketBeat Community Rating for Plug Power (NASDAQ PLUG)
MarketBeat's community ratings are surveys of what our community members think about Plug Power and other stocks. Vote "Outperform" if you believe PLUG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PLUG will underperform the S&P 500 over the long term. You may vote once every thirty days.
